Well Established Specialist Installer of Telephony & Computer Networks

Ref.CH044 Location SheffieldAsking Price £ 150,000Asking price:O.I.R.O £150,000Asking price includes:Sales in excess of £200,000 per annumGross Profit circa £110,000 per annumPlant, Tools & EquipmentEstablished Blue Chip client baseOutstanding relationship with suppliersIndustry approved supply & install certificationExcellent opportunities for future growth and further expansionReputation within the industry for reliability and trustworthiness Qualified and highly skilled techniciansC.S.C.S. Staff ApprovalC.C.N.S.G Accredited Card HoldersBSI Approved Procedures and Q.A.Completely portable business offeringUn patented technical know-how Computer administration systemSAGE Accounting SystemOffice furniture and equipmentComplete Turnkey OperationFull training and handover Fleet of 4 signwritten vansAll fixtures and fittingsExcellent reputationSignificant goodwillWebsite Business profile: This well established and reputable company was established by the current owners back in 1989, and specialise in the installation of both standard and bespoke telephone and computer networks nationwide to the SME market.

The business is ideally located affording easy access to the motorway network. From this central administration and storage point the company operates its network of mobile engineers to offer a fast and efficient service anywhere within the UK.

The company has historically run an apprentice training scheme in conjunction with and many of our initial trainees are still with us after completing their 3 year apprenticeship.All engineers wear corporate clothing, drive signwritten company vans and carry the current C.S.C.S. card (Construction skills certification scheme), and the CCNSG card (nationally accredited safety passport) .

The premises comprise two adjoining units with the option to rent/lease one or both as required. The main unit comprises some 2300 square feet over 2 floors. On the ground floor there is a reception area, large project office, and further separate office, together with a toilet and kitchen area. The main area is then the stores and workshop which has its own toilet facility. On the first floor there is a further large office and the stores office.
The secondary unit is 1300 square feet in total and comprises to separate offices, a warehouse and toilets. It can be accessed via an adjoining door.
The business is located within a well known industrial estate with excellent access. It has car parking for four cars with further parking available on the surrounding roads. The building has excellent security. The vendor would make a new lease available to the new owner.

Competition:

The business currently advertises through Yellow Pages and Yell.Com and also has an informative brochure and website. Further development in this area , especially to a larger geographical audience would enhance the company’s exposure and increase business levels.

Growth Potential:

The technology market is very dynamic and quick to change. Because of this and the need for business’s to ensure they are communicating and working as efficiently as possible, there is a constant demand for the services of this company. The company does not have a direct sales force at present and it is understood that a more proactive and targeted approach to sales and marketing, especially development of the company’s existing account database would result in increased turnover and profitability. The networked CCTV market represents a very large growth market and the company is ideally positioned to further develop this side of the business.
Key Opportunities:
The highly lucrative service and maintenance side of the business which currently accounts for less than 10 percent of overall turnover is represents a significant opportunity to a new owner. In addition to this both the telephony based public address and network CCTV systems are still relatively specialised services that the company needs to market more aggressively to the market place. Sales would also be further enhanced by taking on a salesperson who could target larger projects and ensure the business doesn’t miss out on any additional works from current clients be it moves and changes or new requirements.

Training/Support:

The owner will assist fully with hand-over and training to ensure a smooth transfer of the business. And would be prepared to stay on within the business for a period of time to be agreed at time of sale if so required

Sale Reason:

The current owner is planning for their future retirement

Ad #53113

Seller Reference #CH044

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